URZ3 Energy IniƟates ExploraƟon at Dry Fork Uranium Project (Wyoming)
URZ3 Energy IniƟates ExploraƟon at Dry Fork Uranium Project (Wyoming)
VANCOUVER, BriƟsh Columbia, September 29, 2025 – URZ3 Energy Corp. (“URZ3” or the
“Company”) (TSX-V: URZ; OTCQB: URZEF) is pleased to announce the iniƟaƟon of an exploraƟon
program on its Dry Fork Uranium Project, located in the Powder River Basin, Wyoming, USA. Dry
Fork is strategically located 10 km (6 mi) from the Nichols Ranch Uranium Project in the Powder
River Basin, one of the most important uranium-producing regions in the United States.
The program is designed to assess the property’s potenƟal for in-situ recovery (ISR) uranium
and to establish priority areas for exploraƟon drilling.
The first objecƟve at Dry Fork is to idenƟfy areas on the property with uranium-bearing
groundwater that could indicate zones of ISR-compaƟble uranium mineralizaƟon in the
subsurface.
The first phase of the program will focus on areas around known water springs, where sampling
will be conducted to test for anomalous uranium. A second phase will extend the search using
hand-held spectrometers to locate addiƟonal springs and surface seeps carrying uranium that
may have formed concentrated zones at the surface. The spectrometer survey will be carried
out over a systemaƟc ground grid to refine exploraƟon targets and help guide future drilling
plans.
“The Dry Fork program is an important step in advancing our first uranium property in
Wyoming,” stated Mark Kolebaba, President and CEO of URZ3 Energy Corp. “By focusing first on
hydrogeological indicators, we are taking a cost-effecƟve and scienƟfic approach to prioriƟzing
drill targets for ISR uranium potenƟal. Dry Fork is expected to be one of a porƞolio of properƟes
in Wyoming and the southwestern United States, where we see renewed momentum and
growth opportuniƟes due to U.S. governmental incenƟves and pathways to expedited
exploraƟon and producƟon of uranium and other criƟcal metals. Our team has had tremendous
success in advancing uranium assets from exploraƟon to producƟon scenarios.”
In a September 15th interview with Bloomberg, U.S. Secretary of Energy Christopher Wright
emphasized the need to strengthen the U.S. strategic uranium reserve to reduce reliance on
foreign supply and support nuclear energy growth. The Strategic Uranium Reserve program,
iniƟated in 2020, has already led to U.S. government purchases of one million pounds of U₃O₈ at
prices above prevailing market levels, underscoring federal commitment to domesƟc supply.
More recently, on August 22, 2025, the Department of Energy announced the creaƟon of a
Defense ProducƟon Act ConsorƟum to expand domesƟc fuel availability, enhance power
reliability, and accelerate America’s path toward nuclear energy independence.
Jim Ebisch (P . Geol) will be the QP as defined by National Instrument 43-101 reviewing data on
the project.
About URZ3 Energy Corp.
URZ3 Energy Corp. is a uranium exploraƟon company focused on idenƟfying and advancing
projects in proven uranium districts in the United States. The Company’s strategy is to discover
and develop ISR-amenable uranium resources to support the growing demand for clean,
carbon-free nuclear energy.
For Further InformaƟon, Please Contact:
Mark Kolebaba
President and CEO
URZ3 Energy Corp.
Tel: (604) 307-6450
Email: [email protected]
Forward-Looking Statements
This news release contains certain forward-looking statements, including statements regarding the Company’s
plans for exploraƟon, the Ɵming and scope of the exploraƟon program, the potenƟal for uranium mineralizaƟon on
the Dry Fork Uranium Project, and the Company’s future business objecƟves. Forward-looking statements are
frequently, but not always, idenƟfied by words such as “anƟcipates,” “expects,” “intends,” “plans,” “believes,”
“potenƟal,” “target,” and similar expressions, or statements that events, condiƟons, or results “will,” “may,”
“could,” or “should” occur or be achieved.
Forward-looking statements are based on the opinions and esƟmates of management as of the date such
statements are made and are subject to known and unknown risks, uncertainƟes, and other factors that may cause
actual results, levels of acƟvity, performance, or achievements to be materially different from those expressed or
implied by such forward-looking statements. These factors include but are not limited to: risks associated with
exploraƟon and development acƟviƟes; the availability of financing; risks related to internaƟonal operaƟons;
government regulaƟon; environmental risks; Ɵtle disputes; and risks inherent in the uranium sector.
Although the Company has aƩempted to idenƟfy important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be as anƟcipated, esƟmated, or intended. Readers
should not place undue reliance on forward-looking statements. The Company does not undertake any obligaƟon
to update forward-looking statements, except as required by applicable securiƟes laws.
Neither the TSX Venture Exchange nor its RegulaƟon Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.